Disability News Blog » Electonic Deposits http://www.disability-links.com/news latest info for Social Security disability claimants Thu, 02 Feb 2012 18:09:40 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 Welcome News About More Electronic Deposits http://www.disability-links.com/news/2010/04/19/welcome-news-about-more-electronic-deposits/ http://www.disability-links.com/news/2010/04/19/welcome-news-about-more-electronic-deposits/#comments Mon, 19 Apr 2010 17:37:44 +0000 Editor http://www.disability-links.com/news/?p=783 Today’s Washington Post reports that most Social Security and other federal benefits payments will be made by direct deposit by 2013. We applaud this savings in postage and paper, and also the increased security that it represents – thefts from mailboxes will be a thing of the past.

The decision will eliminate about 136 million paper checks sent by the Social Security Administration, Department of Veterans Affairs, Railroad Retirement Board and Office of Personnel Management.

The switch is part of a broader plan to shift away from paper-based payments and transactions. The plans should save taxpayers about $400 million in processing
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